Page 29 - Banking Finance October 2015
P. 29
PRESS RELEASE
Bank of Mahatrashtra Convenes 128th SLBC Meeting
current season, he informed that the achievement
of the State was 77% of the Kharif target which was
considerably more than the corresponding period of
the previous year at 63% showing year-on-year
growth of 34%. He appealed to all the member banks
to implement various social security schemes
launched by Hon'ble Prime Minister in letter and
spirit.
Bank of Maharashtra, Convener of the State Level Bankers' Additional Chief Secretary, Agriculture and Marketing
Committee for Maharashtra State, convened 128th observed that there was a need for availability of
meeting of SLBC on 04.09.2015 at Mumbai. Shri S. Muhnot, data to the Government officials on a real time basis. He
C & MD Bank of Maharashtra & Chairman, State Level expressed concern over the delay in passing insurance
Bankers' Committee, Maharashtra presided over the benefits to the intended beneficiaries.
meeting. The meeting was attended by Shri D.K. Jain,
Additional Chief Secretary, Agriculture & Marketing, Principal Secretary Cooperation, Government of
Government of Maharashtra, Principal Secretaries for Maharashtra, took district wise and bank wise review of
Finance, Minority Development, Cooperation, Directorate crop loan disbursement in the State.
of Municipal Administration and Commissioner, Cooperation
among other officials. Regional Director, Reserve Bank of Principal Secretary, Directorate of Municipal
India, Nagpur, General Managers of member Banks, senior Administration, Government of Maharashtra, informed the
executives of Reserve Bank of India, NABARD and other house about National Urban Livelihoods Mission and urged
member Banks also attended the meeting. the bankers to treat the beneficiaries under NULM as viable
commercial propositions.
The Chairman of SLBC and Chairman & Managing Director
of Bank of Maharashtra, Shri S. Muhnot while welcoming Principal Secretary, Minority Development, Government of
the dignitaries initiated the discussions and informed the Maharashtra, reviewed the position of balances outstanding
house that focus of the discussions during the meeting under flow of credit to the minority communities against
would be on achievements under ACP for 2015-16, Position number of accounts and felt that there was a need to
of Kharip crop loan disbursements, Implementation of review the accuracy in reporting of data.
various schemes by Hon. Prime Minister under Financial
Inclusion & various other important aspects related to Principal Secretary, Finance observed that weakness in
development of the state. He informed the house that at banking sector if any can reflect largely on the economy
Rs. 1,86,620 /- crore for Priority Sector, the State Annual and urged all concerned to take due care. He also appealed
Credit Plan for 2015-16 was among the first rank's in the to bring front any alarming happenings to the notice of the
country. He also informed that despite various natural Government so that corrective measures can be taken well
calamities faced by the State during the past many seasons, in time.
the achievement of the State under ACP 2015-16 as at the
end of the first quarter of the current fiscal was 36% of the Chief General Manager, NABARD informed about various
annual target for total Priority Sector and that for initiatives by NABARD and appealed the bankers to
Agriculture was also 36% of the annual target; achievement approach NABARD for support in arranging workshop for
under other priority sector being 36% of the annual target. increasing awareness.
Total plan achievements including non priority sector were
to the tune of 84%. About crop loan disbursements for the Shri L.M. Deshmukh, General Manager, Bank of
Maharashtra & Convener, SLBC, Maharashtra piloted
agenda wise discussions.
Shri C.B. Arkatkar, Dy. General Manager, Bank of
Maharashtra & Member secretary, SLBC, Maharashtra
proposed vote of thanks.
BANKING FINANCE | OCTOBER | 2015 | 29
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